tomo logo

$445,000

Beds
3
Baths
2.0
sq ft
1,596

227 Fairfield Drive, Wilmington, NC 28401

227 Fairfield Drive

Wilmington, NC 28401

  • 10 days on market
    • Open house Feb 22
Charming Beach Cottage with Modern Upgrades & Prime Location! Welcome to your coastal retreat! This beautifully updated 3-bedroom, 2-bathroom beach cottage offers the perfect blend of comfort, convenience, and modern living. Located just 4 miles from Downtown Wilmington and less than 10 miles to pristine beach access, this home is ideal for year-round living, a vacation getaway, or a top-tier Airbnb opportunity. Step inside to an open floor plan designed for seamless living and entertaining. The spacious living area flows effortlessly into the well-appointed kitchen, featuring ample storage and modern finishes. Smart home features make everyday living a breeze, while an EV charger adds eco-friendly convenience. Outside, the oversized deck invites you to relax or entertain while overlooking the above-ground saltwater pool—a perfect oasis for enjoying warm Carolina days. The fully landscaped yard enhances the home's curb appeal, all while being tucked away on a quiet street for added privacy. For those seeking a turnkey investment or move-in-ready home, this property can be offered fully furnished with an acceptable offer. Don't miss this rare opportunity to own a versatile coastal gem—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$381,126

Lot size

0.36 acres

Price per sq ft

$279

Year built

2018

Annual property taxes

$1,570.65

Price History

02/12/2025
TriangleMLS

TriangleMLS #10076021

Listed
$445,000
+15.61%
03/30/2023
NorthCarolinaRegional

NorthCarolinaRegional #100368812

Sold
$384,900
+60.44%
01/18/2019
NorthCarolinaRegional

NorthCarolinaRegional #100135918

Sold
$239,900

Schools & Community

Elementary school: 

New Hanover County Schools

Middle school: 

New Hanover County Schools

High school: 

New Hanover County Schools

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$221,297
Asking price
$445,000
Closing costs (~8% of asking)
-$35,600
Est. remaining loan balance
-$188,103
Cash to seller
$221,297

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nfm Inc

Loan start date

March 2023

Original loan amount

$192,450

Est. remaining balance

$188,103

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Dustin Hill and Dawn Hill

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 2:45 PM

Listing updated: 02/21/2025 at 1:11 PM

Listed by: Brandi Taylor, Better Homes & Gardens Real Es Phone #: (919) 439-2168

MLS: TriangleMLS #10076021

TriangleMLS logo

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